12600 Correnti Street Pacoima, CA ^$ 3,300,000

12600 Correnti Street

^$ 3,300,000

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Recently Listed

12600 Correnti Street

Pacoima, CA, 91331

^$ 3,300,000

Bedrooms13 Baths1.0 Sq 5,334

Monthly Estimate*

^$ 20,319

Listed by Houze Real Estate Management

12600 Correnti Street, Pacoima, CA 91331 - Image 1

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12600 Correnti Street, Pacoima, CA 91331 - Image 9

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12600 Correnti Street, Pacoima, CA 91331 - Image 17

Single Family Home for sale in Pacoima, CA

for $3,300,000 with 13 bedrooms and 1 full bath. This 5,334 square foot home was built on a lot size of 0.2066.

14 Existing Renovated units + plans for 20 New market-rate units cash flowing at an amazing Current Cap Rate of 7.5% from day 1! Attractive 2.5M assumable loan (requiring only ~25% down) at an incredibly low rate of 3.9% fixed through 09/01/2027 yielding a remarkable 12.2% cash-on-cash return. Preliminary plans to add 20 new market-rate units to achieve an unheard of 13.9% Cap Rate, 5.7 GRM, and only 146k/unit after taking into account all the construction costs (~1.7M assuming $250/SF). The project is anticipated to deliver over $2.7M in net profit after all construction and resale costs, yielding an exceptional 117% return on levered equity. The plans call for 8 detached ADUs in the back + 5 attached ADUs in the front + 7 new units by right in the front for a total of 20 new units. The 14 existing units have undergone many capital improvements including updated roof, electrical, plumbing, windows, interiors, exteriors, etc.

Single Family Active

Price

^$ 3,300,000

Bedrooms

Full Bath

Property Type

Single Family

Taxes

^$ 0

Style

Lot Size

0.2066

Town/City

Pacoima

County/Region

Los Angeles

MLS | Web ID

26831629

Days on Market

Features

General

Living Area 5334

Heating WallFurnace

Cooling WallWindowUnits

Stories Count 2

Levels Two

Gross Income 333766

County Los Angeles

Net Operating Income 247535

New Construction false

Property Type ResidentialIncome

HOA false

Full Baths 0

Special Listing Conditions Standard

Status Active

Directions Subject property is located on the intersection of Correnti and San Fernando Road north of Osborne Street and east of Laurel Canyon Boulevard.

City Pacoima

Senior Community Y/N false

Number Of Units Total 14

MLS Area PAC - Pacoima

Lot Size Units SquareFeet

Lot Size Square Feet 9001

Standard Status Active

Cap Rate 7.5

Interior

Total Stories 2

Air Conditioning Y/N true

Heating Y/N true

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Total Bedrooms 13

Total Baths 14

Exterior

Parking Features Gated Uncovered

Total Parking 14

Lot Size Area 9001

Number of Buildings 1

Building Area Total 5334

Lot Size Acres 0.2066

Lot Size Source Assessor

* Excluded Features

List By

Houze Real Estate Management

Broker

Kelly@KellyMorganCommercial.com

Affordability Calculator

$20,319

Per Month

Monthly Principal & Interest: $20,319
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Single family listings in Pacoima, CA

Average List Price ^$872,697

Percent of Sale Price 74%

About Pacoima, CA

105,083 Population

8% Since 2002

^$54,517 Median Income

32.67 Median Age

40% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

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Pricing History

Date	Price	Price Change	Description
5/8/2026	$3,300,000		Listed Price

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12600 Correnti Street, Pacoima, CA, 91331 is a Single Family Home for sale at $3,300,000 with 5,334 sqft and a lot size of 0.2066. 12600 Correnti Street has 13 bedrooms and 1.0 baths. The property's zip code is 91331 which is in Pacoima, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/22/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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12600 Correnti Street

Single Family Home for sale in Pacoima, CA

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